J. Crew replaces CEO after less than a year in roleNovember 27, 2020
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Struggling fashion brand J.Crew, which spent the majority of 2020 battling bankruptcy after the COVID-19 pandemic hobbled its operations, replaced its CEO this week after less than a year on the job.
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To succeed Jan Singer, the New York-based clothing company tapped Libby Wadle, a 16-year veteran of the company. She will be tasked with overseeing J.Crew and the J.Crew Factory in addition to her current leadership responsibilities at Madewell.
"To be successful in today's retail environment, brands must have a strong sense of purpose, deep connection with their customers, and an organizational structure that rewards creativity, agility and innovation," said Wadle.
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Singer, the former chief executive of Victoria’s Secret’s lingerie division who was credited with making that brand more inclusive with its bra styles and sizes, was pulled in to oversee J.Crew brands in January.